barclays will ge coming out with trading update on 07.05.2009 It is expected to report profits higher than market expectations.

A good Buy Medium to Long term

Bank of America Merrill Lynch Buy 297.93 430.00 430.00 Retains

Canaccord Genuity Hold 297.93 280.00 280.00 Reiterates

Investec Buy 297.93 - 345.00 Reiterates

Credit Suisse Neutral 297.93 290.00 290.00 Reiterates

Canaccord Genuity Hold 297.93 280.00 280.00 Reiterates

Investec Buy 297.93 345.00 - Reiterates

Credit Suisse Neutral 297.93 290.00 290.00 Reiterates

Deutsche Bank Buy 297.93 380.00 380.00 Retains

Citigroup Buy 289.75 450.00 450.00 Reiterates

Numis Buy 289.75 400.00 400.00 Reiterates

Barclays wins dismissal of U.S. shareholder lawsuit over Libor

Tue May 14, 2013 1:41am BST

(Reuters) - Barclays Plc, the first bank to settle with authorities over alleged manipulation of the Libor interest rate, on Monday won the dismissal of a U.S. lawsuit by shareholders who claimed they lost money because of the British bank's activity.

U.S. District Judge Shira Scheindlin in Manhattan said investors who owned Barclays' American depositary shares did not show that Barclays and other defendants, including former Chief Executives John Varley and Bob Diamond, misled them about Libor or took too long to reveal potential liabilities.

Barclays falls on placement as Europe opens flat

(Reuters) - UK lender Barclays was among the top fallers after a share placement as European equities were expected to be volatile ahead of jobs data in the U.S., a strong reading of which could drive markets lower.

Barclays fell 1.7 percent with traders citing market speculation that Nomura had placed 84.5 million Barclays shares on the market at 308.5 pence. Barclays' shares closed at 316.30 pence on Wednesday.

By 0706 GMT on Thursday, the FTSEurofirst 300 was up 0.5 of a point at 1,193.27, having fallen nearly 10 percent in the last nine days on concerns the U.S. Federal Reserve could start tapering its stimulus measures earlier than expected in the wake of recent strong economic data.

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RNS suggests Sumitomo Mitsui Bank has sold BARC shares worth $400m

Toying with the 200ma - downgraded by S&P to A from A+.

results due 30 july, xd 7 aug.

Barclays fined $435m in US over energy market-rigging

US regulators have fined Barclays $435m (£287m) for manipulating energy markets in California and other states from November 2006 to December 2008.

Barclays and four of its traders must also pay $34.9m to the low-income home energy assistance programs of Arizona, California, Oregon and Washington.

They have 30 days to pay the fines imposed by the Federal Energy Regulatory Commission.

Barclays said it intended to "vigorously defend this matter".

Long on the spreads @ 316.4 target 339.0 results coming up then ex-divi.

sp faltering ahead of results next week.

Stopped out @ 321.4 + 5.0

Interims tomorrow.

Barclays says will give update on capital plans Tuesday

Espirito Santo Execution Noble Buy 312.33 418.00 418.00 Reiterates

Investec Buy 312.33 345.00 345.00 Reiterates

Bank of America Merrill Lynch Buy 312.33 370.00 370.00 Retains

JP Morgan Cazenove Overweight 312.33 375.00 375.00 Reiterates

Nomura Reduce 312.33 305.00 305.00 Reiterates

According to CNBC, Barclays are mulling over a £4B rights issue.
2517

George, its widely doing the rounds - see the link above - I've had an arbitrary long @308.

Thanks skinny, confess I hadn't looked at the link prior to my post. Now re-educated ta.
2517

Me to skinny (just got home) @ 313.3

Analysts at Investec are quite critical of any attempt by Barclays to raise fresh capital - which they think the lender does not need - at current valuations. In their opinion that would be tantamount to capitulating to regulators´ demands.

"How very disappointing!" they write to clients. In fact, the broker would rather see an 18 month dividend suspension to raising the equivalent additional capital now at just 0.9 times´ tangible net asset value [tNaV].

In that same vein, they explain that if Barclays does raise as much as £4bn "surplus" equity, on which it will earn little return, then the incremental drag on return on equity [RoE] will likely limit their view on fair value to circa 345p (their current price target).

If Barclays had the courage to say no then they would see further upside; but sadly this appears less likely, they go on to tell clients.

Investec would consider a partial mitigation - a scenario they see as likely - through the use of CoCos [Contingent convertible bonds] or CCNs [Capital contingent notes] to be an element of positive surprise.

Down over 4%.

Yep - should be fireworks in the morning!